Debt Relief for Low-Income Countries and the HIPC Initiative:

The paper describes the debt burden of low-income countries and the traditional mechanisms that have been implemented by the international community to alleviate this burden. While these mechanisms are sufficient to reduce the external debts of many heavily indebted poor countries (HIPCs) to sustain...

Full description

Saved in:
Bibliographic Details
Main Author: Thugge, Kamau (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 1997
Series:IMF Working Papers Working Paper No. 97/24
Online Access:UBW01
UEI01
LCO01
SBR01
UER01
SBG01
UBG01
FAN01
UBT01
FKE01
UBY01
UBA01
FLA01
UBM01
UPA01
UBR01
FHA01
FNU01
BSB01
TUM01
Volltext
Summary:The paper describes the debt burden of low-income countries and the traditional mechanisms that have been implemented by the international community to alleviate this burden. While these mechanisms are sufficient to reduce the external debts of many heavily indebted poor countries (HIPCs) to sustainable levels provided these countries implement sound economic policies, they are likely insufficient for a number of countries. To deal with these cases, the World Bank and the IMF have jointly proposed and implemented the HIPC Initiative. The paper describes this Initiative and suggests that it should enable HIPCs to exit from the debt rescheduling process
Physical Description:1 Online-Ressource (29 p)
ISBN:1451844107
9781451844108

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text